Title
Adjusting the 2011 Financing Budgets to accommodate the transfer of the 2011 Adopted Budget into the City's financial management system.
Body
WHEREAS the City of Saint Paul's 2011 Adopted Budget was based on the anticipated new Lawson Company/Accounting Unit and Chart of Accounts structure and recorded in the Lawson Budget and Planning (LBP) system; and
WHEREAS this Company/Accounting Unit and Chart of Accounts structure differs from the structure used in the City's current financial management system (FMS); and
WHEREAS the adopted budget needs to be transferred back to the current Finance system (FMS) to allow the City to manage current year actual financing and spending against the authorized budgets; and
WHEREAS the resolution adopting the City's 2011 budget (CF RES 10-1474) states that "the Director of Financial Services is hereby authorized to prepare the final 2011 Budgets in accordance with the actions taken herein and to equalize, balance or set the final department revenue sources and department appropriations as necessary"; and
WHEREAS these changes are technical in nature and consistent with the City Council's intent; therefore be it
SO ORDERED, consistent with the authority granted to the Mayor in Section 10.07.4 of the City Charter, that the Director of the Office of Financial Services is authorized to amend the 2011 City budget as indicated in the attached financial analysis.